Two crypto assets rise 40% or more in just one week, far better than Bitcoin and Ethereum

Two crypto assets rise 40% or more in just one week, far better than Bitcoin and Ethereum
Two crypto assets rise 40% or more in just one week, far better than Bitcoin and Ethereum

Two altcoins are up at least 40% this week, while the two leading cryptos by market capitalization, Bitcoin (BTC) and Ethereum (ETH), stall.

XRP and fan engagement token Chiliz (CHZ) are up 14% and 9% respectively in the last 24 hours alone.

XRP is up 48% in the last seven days and CHZ is up 40% over the same period.

A crypto legal expert recently said that Ripple lawyers should feel safe in the XRP lawsuit with the US Securities and Exchange Commission (SEC).

Pseudonym cryptanalyst CryptoDonAlt says The SEC lawsuit could boost XRP like Elon Musk did for Dogecoin (DOGE), sharing a graph of XRP’s relevant opponents.

“Elon Musk was going to DOGE.

What the SEC case could be for XRP.

Would be cool if it played out the same way, no need.

Never any guarantees, but it’s an intriguing narrative for what is essentially a meme coin…

I’m down for full send, these are the relevant resistors

I will dump mercilessly the moment I get cold feet (and ducks get cold feet easily – we don’t wear shoes), but until then I will be an XRP maximalist.”

Source: CryptoDonAlt/Twitter

CHZ appears to be riding a wave of momentum from a recent fundamental development.

One wave is hype on the project’s work to launch CHZ 2.0, which will be its own native blockchain designed for high speed and scalability.

CHZ is also seeing a boom in whale activity, according to Santiment.

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Featured image: Shutterstock/Pattern Trends/VECTORY_NT

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